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Deals news – page 45
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NPCG Arranges Sales in Charlestown, LeicesterNortheast Private Client Group (NPCG) arranged the $3,525,000 sale of 250 Main ST. in Boston’s Charlestown neighborhood. Investment associate Tom Egbers represented the seller and procured the buyer.
Cannae Partners Snaps Up Emeryville Creative OfficesNewmark arranged the sale of EmeryTech, a creative office campus at 1400 65th St. in Emeryville for an undisclosed sum.
Rexford Planning Up To $2B In Dispositions This YearRexford Industrial Realty plans to sell off up to $2B of its portfolio, using the proceeds to pay off debt that is set to mature next year. Rexford increased its full-year 2026 disposition guidance to $1.5B to $2B, according to second-quarter filings...
While Chicago Development Stalls, Fulton Market Keeps BuildingFulton Market's metamorphosis from a meatpacking hub into the place to be for young, well-paid professionals continues to evolve, even as a tough capital markets environment complicates investment across the city. The area's strong fundamentals continue...
MAG Capital Partners Trades Triple-Net Industrial Portfolio to Starwood Property Trust SubsidiaryMAG Capital Partners has completed the sale of more than 1.37 million square feet of long-term, net-leased industrial assets primarily acquired through its MAGCP Industrial Fund II, LP, in a six-property transaction with Fundamental Income Properties, a wholly owned subsidiary…
Triten Completes 3-Property Houston Apartment Portfolio PurchaseTriten Real Estate Partners acquired 3 Corners West, a 283-unit apartment community in Houston’s Memorial/Spring Branch submarket.
Mesirow Pays $132M for Midtown Atlanta Apartment CommunityA real estate fund run by Mesirow acquired the Sixty 11th Apartments for $132 million. The Atlanta Business Chronicle reports the seller was 60 11th Street LLC. It purchased the 1.25-acre site in care of Daniel Realty Co. LLC, an affiliate of Daniel Corp., in 2014.
Marcus & Millichap Brokers $9.9M Sale of Cincinnati Medical Office BuildingCINCINNATI — Marcus & Millichap has brokered the $9.9 million sale of a 26,107-square-foot medical office building in Cincinnati. Constructed in 2008, the property at 8099 Cornell Road is fully leased to Ortho Alliance MSO LLC/Beacon Orthopedics & Sports Medicine Ltd.
Vacant 304-Unit Pembroke Pines Condo Community Trades for $20.5MThe 304-unit Heron Pond condominium community in Pembroke Pines was acquired by Integra for $20.5 million.
Good Office Design Is Good BusinessIn the summer of 2023, Greatland Realty Partners and Barings acquired an approximately 515,000-square-foot office campus at 275 Grove Street in Newton, Mass., for $117.5 million. The property had last traded just three years earlier for $235 million.
Berkadia Arranges $85M Sale of Multifamily Community in Manassas, VirginiaMANASSAS, VA. — Berkadia has arranged the sale of Masons Keepe, a 270-unit multifamily community located in Manassas, roughly 31 miles southwest of Washington, D.C. The sales price was not disclosed, but CoStar Group tracked the sales price as $85 million.
FRP Acquires 24 Acres in Broward County, Plans 300,000 SF Logistics DevelopmentSOUTHWEST RANCHES, FLA. — FRP Development Corp. has acquired 24 acres in Southwest Ranches, a town in South Florida’s Broward County. FRP plans to develop Logistics Center at Southwest Ranches, a planned 300,000-square-foot industrial facility, at the site.
Berkadia Brokers Sale of 180-Unit Apartment Complex in Northwest HoustonHOUSTON — Berkadia has brokered the sale of Harper’s Mill, a 180-unit apartment complex in northwest Houston. Built in 1984, the property offers one- and two-bedroom units and amenities such as a pool, business center, picnic areas and a playground.
SRS Real Estate Brokers $7.9M Sale of Retail Strip Center in Wesley Chapel, FloridaWESLEY CHAPEL, FLA. — SRS Real Estate Partners has brokered the $7.9 million sale of Promenade, a three-tenant retail property located in Wesley Chapel, roughly 24 miles north of downtown Tampa.
Representative imageMMG Real Estate Arranges Sale of 142-Unit Apartment Complex in Norman, OklahomaNORMAN, OKLA. — Regional brokerage firm MMG Real Estate Advisors has arranged the sale of Sterling Park, a 142-unit apartment complex in Norman, home of the University of Oklahoma.
Representative imageMarcus & Millichap Brokers Sale of 364-Unit StorQuest Self Storage Facility in Mesa, ArizonaMESA, ARIZ. — Marcus & Millichap has arranged the sale of a 364-unit StorQuest Self Storage facility in Mesa. Terms of the transaction were not released.
West Palm Beach Multifamily Property Converted From Condos Sells for $91MThe seesaw history of a West Palm Beach residential complex has a new chapter. A joint venture between the Kamson Corporation and Joel Gluck’s Scopus Property Management has closed on a $90 million acquisition of Ponte Verde at Palm Beach Lakes, Commercial Observer has learned.
JPMorgan Sells 49% Stake in Fisher Brothers’ 605 Third Ave.JPMorgan Asset Management has sold its 49% interest in Fisher Brothers’ 605 Third Ave. at a $425-million valuation. Fisher Brothers is now seeking a new institutional partner on the 43-story, one-million-square-foot Midtown Manhattan office tower.
Woodside Health Completes Sale of Medical, Retail PropertyWoodside Health, an Ohio-based private equity firm specializing in healthcare real estate, has completed the sale of Cornerstone Plaza, a medical and retail property located in the Dallas-Fort Worth metropolitan area.
Representative imageWaste Management Buys 146-Acre Miami-Dade Development Site for $380MWaste Management has paid nearly $380 million for about 146 acres in Medley, Fla., where the Houston-based company will likely build another landfill, property records show. The land sits parallel to Route 27 at 9515 Northwest 95th Avenue near the Everglades national park.